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Investments in Servicing Related Assets, Summary (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Servicing Asset [Abstract]    
Unpaid principal balance $ 29,068,126 $ 24,846,989
Cost basis 397,883 298,480
Carrying value [1] $ 291,111 $ 294,907
Weighted average coupon 4.18% 4.23%
Weighted average maturity [2] 26 years 8 months 12 days 27 years 2 months 12 days
Changes in fair value recorded in other income (loss) $ (106,772) $ (3,573)
Mortgage Service Right Conventional [Member]    
Servicing Asset [Abstract]    
Unpaid principal balance 26,142,780 21,366,980
Cost basis [3] 357,667 258,070
Carrying value [1] $ 263,357 $ 254,691
Weighted average coupon 4.27% 4.37%
Weighted average maturity [2] 26 years 9 months 18 days 27 years 3 months 18 days
Changes in fair value recorded in other income (loss) $ (94,310) $ (3,379)
Mortgage Service Right Government [Member]    
Servicing Asset [Abstract]    
Unpaid principal balance 2,925,346 3,480,009
Cost basis [3] 40,216 40,410
Carrying value [1] $ 27,754 $ 40,216
Weighted average coupon 3.37% 3.37%
Weighted average maturity [2] 25 years 9 months 18 days 26 years 9 months 18 days
Changes in fair value recorded in other income (loss) $ (12,462) $ (194)
[1] Carrying value approximates the fair value of the pools (see Note 9).
[2] The weighted average maturity represents the weighted average expected timing of the receipt of cash flows of each investment.
[3] MSR cost basis consists of the carrying value of the prior period, adjusted for any purchases, sales and principal paydowns of the underlying mortgage loans.